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Social Security costs will exceed tax revenues starting in 2017, they said.
A state can freeze enrollment, increase premiums or restrict eligibility if it appears that costs will exceed the allotment.
It is early days for academic appraisals, but the ones that have been ventured so far tend to the view that costs will exceed benefits.
At wages that average $1 an hour, the use of inmates is a bargain, one that might ease the taxpayers' burden in a year in which federal firefighting costs will exceed $1 billion.
James A. Harris, a spokesman for Representative Edolphus Towns, a Democrat from Brooklyn, said, "It appears that these costs will exceed the $750 million level" and that the delegation would work "to secure additional funding necessary to avoid passing these costs along".
While insurers will get a boost in 2014 when many younger people who lack insurance are forced to purchase it, the costs will exceed these benefits for industry.
Similar(48)
The LHC's cost will exceed $10bn£5.1bnbn).
Some engineers think the cost will exceed $4.8 billion.
By the year 2020, experts predict the cost will exceed $60 billion.
The Alzheimer's Association says that under current trends the cost will exceed $1 trillion annually by 2050.
But with the prices of essential materials like steel and cement having soared and various amenities having been added to the pier, the total cost will exceed $60 million, he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com